Industry News for July 7, 2022

iDEA Growth Member News

Sports League News

  • Sports Handle, 7.6.22 – Audi Field Becomes First MLS Stadium With Retail Sportsbook
    • FanDuel has announced that it will host a grand opening Friday of its Audi Field retail sportsbook in Washington, D.C., the first of its kind at a Major League Soccer venue in the U.S. The book will be FanDuel‘s second in a professional sports arena — the company opened a book at Phoenix’s Footprint Center last September.

Arizona

  • Legal Sports Report, 7.6.22 – Arizona Sports Betting Continues Maturing With $500M April Handle
    • Arizona sports betting continues to establish itself as a top legal US market. Arizona sportsbooks handled nearly $512.9 million in wagers during April, according to an Arizona Department of Gaming report released Tuesday. The April total was a decrease of 25.8% from March’s record of $691 million.

North Carolina

Kansas

  • Sports Handle, 7.7.22 – Here’s What Operators May Question In First Draft Of Kansas Regulations
    • The new Kansas sports betting law went into effect Friday, though it will still be months before a legal wager can be placed in the state. But if the Kansas Racing and Gaming Commission (KRGC) and Kansas Lottery have anything to say about it — which they do as co-regulators — legal bets will be taken sooner rather than later, and hopefully during the NFL season.

Virginia

  • Play Virginia, 7.6.22 – Virginia State Budget Closes Sports Betting Tax Loophole
    • A new state budget went into effect on July 1 in the Old Dominion. And one particular provision affects bettors and Virginia online sportsbooks. This new bill closes a tax loophole that allowed seven of the state’s sportsbooks to skip out on paying millions of dollars in tax revenue.